Dragontales,
1 - The upgrade version only checks to see if you've installed a previous version. It does not replace any files.

2 - V3 comes with a "Vicky 3 to Vicky 2" version that will (with the exception of teeth, gums and pubic hair) wear V2 textures "out of the box". On the product page exists a free download to allow you to put V2 UVs on the V3 mesh.

3 - The figure was divided into 3 packages to allow the customer to decide what price point made sense to them, for the features they wanted. The base includes everything for functionality. The morph packs includes the respective morphs for diversity.

4 - I've written a couple tutorials on the technology used in V3. It is hosted on my website [rbtwhiz.com - tutorial quicklinks at the bottom of the page]. Though I'm fighting for time to complete them (especially the one explaining morph injection), what I have completed (to the point it makes sense, not wanting to post something that rapidly jumps between thoughts as I convert my notes) is posted.

5 - My opinion, regardless of what I said, would most likely be viewed as biased... so I'll just say that an enormous amount of development went into creating her.

Jim,
Actually, that is incorrect. There are 50 morphs [see below] in the base package (in addition to the JCMs).

// Expressions
Blink Left, Blink Right, BrowArchL, BrowArchR, BrowDownL, BrowDownR, BrowFrownL, BrowFrownR, BrowWorryL, BrowWorryR, Frown Left, Frown Right, Frown, BrowUpL, BrowUpR, Mouth A, Mouth CH, Mouth F, Mouth M, Mouth O, Mouth SH, Mouth TH, Mouth U, Tongue L, Tongue T, MouthDisgust, MouthSing ,MouthSpeak, MouthYell, OpenLips, OpenLips2, OpenMouth, PartLips, Smile1, Smile2, SmileLeft, SmileOpen, SmileRight, Snarl, SnarlLeft, SnarlRight,

// Full-Body
AnkleSpandex, ArmGlove, ChestSpandex, FingerGloves, HipSpandex, NeckSpandex, Spandex, WristSpandex

// Glute-Hip-Abs
NavelGone

-Rob